Montenegro, Energy company EPCG plans to build three gas power plants, News
The Electric Power Industry (EPCG) within the framework of the new investment cycle that it launched plans to build three large power plants with a total installed capacity of 400 megawatts.
The state energy company explained to Vijesti that it is a hybrid power plant based on a gas turbine with a power of at least 50 megawatts near the Port of Bar with potential renewable sources, a combined gas power plant with a power of at least 150 megawatts within the location near the Aluminum Complex (KAP) in combination with potential renewable sources and a gas power plant of up to 200 megawatts in Pljevlja.
In order to prepare the necessary documentation, the company chose a consultant at a public tender who should do a Study with the development of technical solutions and a preliminary study of the feasibility of gas-fired power plants in Montenegro. Preparation of that documentation is expected by the end of January next year.
The study should show a budget estimate, that is, how much money will be needed for each phase, including a long-term contract for the maintenance of gas turbines and other relevant equipment.
EPCG announced that a new investment project was launched by the decision of the company’s Board of Directors on December 3 last year, namely the preparation of a Study with elaboration of technical solutions and a previous study of the feasibility of gas-fired power plants in Montenegro.
“That study will include the analysis of the following scenarios – a hybrid power plant based on a gas turbine with a power of at least 50 megawatts near the Port of Bar with potential renewable sources, a combined gas power plant with a power of at least 150 megawatts within the location near the KAP complex in combination with potential renewable sources and a gas power plant with a power of up to 200 megawatts in Pljevlja. The proposed concepts aim to enable the long-term use of local resources for a period of at least 25 years and in full compliance with climate rules and EU regulations,” EPCG said.
The state company explained that these are potential opportunities and the final decisions will depend on many factors, such as the results of oil and gas exploration in the Montenegrin subsea, the state’s further energy policy regarding gas, the consideration of options for the construction of a gas pipeline from the direction of Albania – Adriatic Ionian or in the direction of Serbia or the construction of an LNG terminal in Bar with the preferred option of using domestic energy if research proves it.
“The initial stage in the development of the investment project is the current activities on the preparation of the Study with the development of technical solutions and previous feasibility studies. The study will consider the analysis of the entire life cycle and the strategy for the phased introduction and conversion of power plants from the use of clean gas to integration with renewable sources and potential conversion to CO2-neutral operation. Based on the Study with elaboration of technical solutions at the concept level, a preliminary techno-economic feasibility study will be prepared for the entire life cycle of the plant”, EPCG said.
The tender documentation for the open public procurement procedure for the preparation of this study was published on December 30 last year, and after the procedure and the evaluation of the received offers, the selection of the first-ranked bidder was made, with which the contract for the provision of services was signed on June 17. previous feasibility studies for gas power plants. It is about the consultant SS&A Power Consultancy from Switzerland, local media writes.
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